Five of CoinMarketCap’s (CMC) top executives, including the interim CEO, have left the cryptocurrency-ranking website only months after the firm’s purchase by Binance.
The Monday departures includes interim CEO Carylyne Chan and executives Spencer Yang, Jeremy Seow, Jared Chin and Matthew Lippl.
Binance plans to replace the all five with in-house staff but says CMC will maintain operational independence.
Binance purchased CMC for an undisclosed sum in early April. Founder and CEO Brandon Chez departed soon thereafter, leaving Chan, who had joined CMC in 2018, as the interim chief.
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